Silicon Laboratories Inc reports results for the quarter ended in September - Earnings Summary

Silicon Laboratories

26/10/2022 15:31

* Silicon Laboratories Inc  SLAB.OQ  reported quarterly
adjusted
earnings of $1.21​​ per share for the quarter ended in
September. The mean expectation of eleven analysts for the
quarter was for earnings of $1.12 per share.
    * Revenue rose 46% to $269.82 million from a year ago;
analysts
expected $268.89 million. 
    * Silicon Laboratories Inc's reported EPS for the quarter
was 60
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Silicon Laboratories Inc shares had fallen by 2.3% this
quarter and lost 41.6% so far this year.
    * The company reported quarterly net income of $21 million.
    * Wall Street's median 12-month price target for Silicon
Laboratories Inc is $161.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.12           1.21           Beat
 Jun. 30 2022      0.90           1.17           Beat
 Mar. 31 2022      0.64           1.05           Beat
 Dec. 31 2021      0.57           0.77           Beat